// Brits are now giving more to charity during festive period, according to eBay
// eBay is partnering with The Prince’s Trust to raise money to help young entrepreneurs living in the UK for a consecutive year
New figures from eBay have revealed that Brits are giving more to charity year-on-year in the lead up to the festive season.
The online marketplace reported that donations from its UK community of sellers and buyers to good causes spike in November and December.
Even during the Black Friday and Cyber Monday sales when bargain hunting, Brits are at their most generous.
The online giant revealed that £106,194 was donated through eBay for Charity on Black Friday in 2018 alone.
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From 2011 to 2018 November was the most generous month, with an average £1.98 million donated by UK users through eBay for Charity.
December came close in second on £1.64 million.
Through eBay for Charity, overall donations by eBay’s UK community rose by 60 per cent from 2011 to 2018, surging from £9.27 million in 2011 to £22.91 million last year.
This year is already on track to top that figure and will receive a boost from eBay’s Give Day 2019.
Continuing on from the success of the inaugural event last year, eBay partnering with The Prince’s Trust again to raise money to help young entrepreneurs living in the UK.
The online retailer said it would donate 5p for every transaction on its website today, and 10p if a customer buys two or more items, to The Prince’s Trust
The Trust’s Enterprise programme gives young entrepreneurs aged 18-30 training, mentoring, resources and funding to support their business ideas.
Last year Give Day raised £105,000 for the Trust, which equated to 2000 hours of expert mentoring by dedicated Business Launch Group members.
As this year’s eBay Give Day coincides with global Giving Tuesday, it is hoped Brits would continue to donate.
“Customers can help change the lives of young entrepreneurs who may require a little support to help them realise their dreams, and the best part is it won’t cost them a penny,” eBay UK vice president Rob Hattrell said.
“eBay has always been a friend to small businesses and we want to help the next generation by supporting The Prince’s Trust Enterprise Programme this Give Day.”
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